8939 N 8th St
Phoenix,
AZ
85020
Property Details
List Price: |
$1,395,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
4558 |
Agency: |
Joseph Bernard Investment Real Estate |
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1968 |
Notes: |
Three, 1-story buildings comprised of 7 apartment units & 1 large storage room/office. The property currently consists of (4) 1bd/1ba + (3) 2bd/1ba apartment units. The office is plumbed and has 1 bathroom and could be made into a 1 bd apartment unit creating a value-add opportunity. The property has laundry facilities which generate additional income. There is a two-year Triple Net Lease (NNN) that includes insurance, property taxes and other estimated fees. This master lease will go into effect on June 15, 2024 (MTM). Select units have been completely renovated with new flooring, cabinets, countertops and fresh paint. Nearby employers include Ping Golf, Maximus, OpenTec Alliance, APS, among others. |
MlsNumber: |
11264226 |
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Listing Provided By: |
Joseph Bernard Investment Real Estate, original listing |
Name: |
Joseph Bernard Investment Real Estate |
Phone: |
(480) 305-5600 |
Office Name: |
Joseph Bernard Investment Real Estate |
Office Phone: |
(480) 305-5600 |
Agent Name: |
Joseph Chaplik |
Disclaimer: |
Copyright © 2024 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |